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Jimmy Choo with 12% increase in net revenue

Jan 28, 2015 United Kingdom
Jimmy Choo with 12% increase in net revenue
The British luxury brand specialising in shoes and accessories, announced a significant increase in net revenue for the year ended on the 31st December 2014
Jimmy Choo’s net revenue grew by 12.0% at constant currency, reaching 299.1 million pounds (6.2% at reported rates). Retail net revenue increased by 15.4% at constant currency (8.7% at reported rates) and wholesale net revenue was up by 6.3% at constant rates (1.9% at reported rates)

2014 was also the year when the famous high-end footwear brand successfully launched their new store concept and reopened the New Bond Street store. During the year Directly Operated Stores (DOS) increased by 9 and 6 were renovated.

According to Jimmy Choo, Asia including Japan, continues with strong growth, driven by new DOS and strong organic growth.

Pierre Denis, CEO of Jimmy Choo PLC commented on the results: "We are delighted with this record net revenue performance, with a mix of like for like, retail and wholesale growth underlined by the success of our products.  Our focus on shoes and dedication to product quality has ensured we produced innovative products which resonate strongly with our clients around the world.  As these are our maiden performance figures since the successful IPO, I would like to take this opportunity to thank our incredibly talented and hard-working teams for their unstinting commitment and enthusiasm."

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